Iberdrola intensifica sus planes de amoniaco verde con un proyecto de 750 millones de euros

MADRID, 9 jun (Reuters) -La compañía eléctrica española Iberdrola está ampliando su apuesta por el hidrógeno verde con un plan para construir una planta de 750 millones de euros (808,05 millones de dólares) para producir amoníaco ecológico en España, que luego sería comprado y exportado por el comerciante y transportista de amoníaco Trammo. Iberdrola se …

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UBS CEO signals takeover of Credit Suisse could be completed by Monday

ZURICH (Reuters) – UBS Chief Executive Sergio Ermotti hinted on Friday his bank’s takeover of Credit Suisse will close on Monday, the earliest expected date. “From Monday we will be new colleagues,” Ermotti told the Swiss Economic Forum in Interlaken. “We will together define what the correct culture is for the company and everyone.” UBS …

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China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets

BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year, mainly due a low base of comparison, while consumer inflation is projected to be above 1% by December, the central bank governor said. As rising interests rates and inflation squeeze demand in the United States …

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Whoosh! Global equity funds see biggest weekly outflows in 12 weeks

(Reuters) – Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June 7, as concerns over stubbornly high inflation and sluggish economic growth prompted investors to pull back from riskier assets. According to data from Refinitiv Lipper, investors withdrew a net $18.84 billion from global equity funds, …

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Indian shares trim weekly gains on profit booking post RBI policy

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares declined for the second straight session on Friday, dragged by a broad-based slide amid sustained profit booking after the Reserve Bank of India signalled tighter monetary conditions could persist. The blue-chip Nifty 50 closed 0.38% lower at 18,563.40, while the benchmark S&P BSE Sensex fell 0.35% to 62,625.63. …

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